Canadians increasingly using 'buy now, pay later' on groceries

Many Canadians are utilizing the “ buy now, pay later ” option as rising costs continue to strain household budgets. Koho Financial Inc.’s “pay later” adoption has more than doubled from last year, up 109 per cent as Canadians opt for it for essential items like groceries , the Toronto-based fintech said in a report.

It said that among all KOHO products ...